RIYADH, Saudi Arabia--(BUSINESS WIRE)--Sep 14, 2026--
Expo 2030 Riyadh and Mohammed Al Habib Real Estate Company (MAHR) have signed a 3.2 billion SAR joint venture agreement for the development and delivery of the Expo Village, the residential community for Expo 2030 Riyadh. The agreement represents the first joint venture milestone for Expo 2030 Riyadh and reinforces its commitment to partnering with the private sector to unlock economic opportunities and create lasting value, both in the lead-up to the Expo and well beyond the event itself .
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The Expo Village will provide purpose-built accommodation for Official Participants and delegations within a fully integrated sustainable district. Designed to offer a convenient and comfortable living environment, the Village will support international participants throughout their stay and enable the smooth operation of their presence at Expo 2030 Riyadh. Featuring around 2,300 residential apartments with capacity to accommodate around 5,500 residents, the development will be supported by a range of retail and dining spaces, amenities, services and operational facilities, and will provide optimal connectivity to the Expo 2030 Riyadh site through the Expo metro station, King Khalid International Airport and Riyadh’s wider transport network.
The agreement was signed by Talal Al-Marri, Chief Executive Officer of Expo 2030 Riyadh, and Abdullah Mohammed Al Habib, Chief Executive Officer of Mohammed Al Habib Real Estate Company, at the Expo 2030 Riyadh site, where development and construction works continue to advance at pace.
The signing took place in the presence of Saad Al-Kroud, Head of Local Real Estate Investments at the Public Investment Fund, and Chairman of the Executive Committee of the Board of Directors of Expo 2030 Riyadh Company.
Commenting on the announcement, Talal Al-Marri, CEO of Expo 2030 Riyadh, said: “The Expo Village represents an important step in the delivery of Expo 2030 Riyadh and reflects our approach to building effective partnerships with the private sector, leveraging its expertise, capabilities and investment as a strategic partner in delivery. As implementation accelerates and work progresses across the Expo 2030 Riyadh site, we continue to develop the infrastructure, services and facilities required to meet the needs of official participants.
Through this agreement with Mohammad Al Habib Real Estate Company, the Expo Village is moving into an advanced stage of delivery, following the completion of design and site preparation works, paving the way for construction to begin in line with the approved schedule. The Expo Village will provide international participants with a high-quality, integrated residential environment during the event, before transitioning into a permanent residential community after Expo. In doing so, it will contribute to the long-term legacy of Expo 2030 Riyadh and create lasting economic and urban value for the city of Riyadh.”
Abdullah Mohammed Al Habib, CEO of MAHR,said: “This agreement represents a major milestone for Mohammad Al Habib Real Estate. We are proud to support the preparedness of Expo 2030 Riyadh and to draw on over fifty years of experience to create a comprehensive residential project that matches the significance of this international event.”
He added: "We see this project as a unique addition to Expo 2030 Riyadh, offering an experience deserving of the city and its visitors. It is based on a real estate development approach focused on high standards in planning, execution, and operations, ensuring lasting value that continues long after the exhibition ends.”
Designed from the outset for long-term use, the Expo Village will transition into an integrated residential community. Its mix of homes, retail, dining, leisure and community facilities, together with landscaped public spaces and pedestrian friendly streets, will support an active neighbourhood within the wider development of northern Riyadh. The development has been designed to incorporate climate-responsive principles and efficient building systems, to support long-term environmental and operational performance.
The Expo Village is the first residential development for which Expo 2030 Riyadh has signed a joint venture agreement, with further residential developments expected to follow as part of the Expo’s Legacy phase.
Expo 2030 Riyadh will take place from 1 October 2030 to 31 March 2031 under the theme “Foresight for Tomorrow.” The six-month World Expo is expected to bring together 197 Official Participants and is expected to welcome 42 million visits.
About Expo 2030 Riyadh
Running from 1 October 2030 to 31 March 2031, Expo 2030 Riyadh will be among the most ambitious World Expos ever conceived with a 6 million square meter site that will bring together 197 Official Participants and is expected to welcome 42 million visits across 5 distinct districts.
Held under the theme “Foresight for Tomorrow,” and hosted in Riyadh - a city of action and ambition - Expo 2030 Riyadh will provide a platform for participants to exchange ideas, shape solutions, and build partnerships that drive real impact, address global challenges, and unlock new opportunities. The World Expo will feature immersive cultural zones, daily activations, and AI-powered interactions, blending traditional Saudi hospitality with cutting-edge technology. Following the six-month event, the Expo site will evolve into a Global Village, continuing to attract visitors and contribute to Riyadh’s dynamic urban landscape.
For more information, please visit: https://www.expo2030riyadh.sa/en/
About Mohammed Al Habib Real Estate Company
Mohammad Al Habib Real Estate Company is a prominent developer in Saudi Arabia, founded in 1972, with more than fifty years of experience. Over time, it has expanded to include a comprehensive ecosystem that spans development, investment, management, and operation of real estate projects.
Throughout its journey, the company has completed a variety of projects including residential communities and commercial destinations. These developments are known for their high-quality planning and execution, enhanced by comprehensive facilities and services. They meet market needs and contribute to communities and destinations that deliver lasting, sustainable value.
For more information, please visit: alhabibinv.com
Expo 2030 Riyadh and Mohammed Al Habib Real Estate Company (MAHR) have signed a 3.2 billion SAR joint venture agreement for the development and delivery of the Expo Village, the residential community for Expo 2030 Riyadh
WASHINGTON (AP) — A federal judge on Saturday ordered a two-week delay to any work at a historic Washington public golf course not far from the White House, blocking for now President Donald Trump's push to redevelop the site along the Potomac River into a championship-level venue.
U.S. District Judge Ana Reyes issued the temporary restraining order before the East Potomac Golf Links was due to close Sunday for 15 months. Trump had announced work would begin that day despite the legal challenge initiated against the project in February by the DC Preservation League and two local golfers.
The plaintiffs argue that Trump's plan would change the character of the accessible golf course and make it unaffordable, something the Republican president denies. They had sought the stop-work order, saying that closing the course and launching work on the project would “irreparably injure plaintiffs and the public interest."
The president's public announcements on social media last month outlining the date of the closure of East Potomac Park and linking it to the renovation of the golf course weighed heavily in the decision. Trump said on Oct. 26 that “We are closing the East Potomac Golf Course Site as scheduled on November 15th in order to renovate and rebuild for Competitive (with other such projects!), Safety, Modernization, and Aesthetic reasons.” He added that the goal was to renovate and rebuild ”a World Championship Public Facility."
Reyes in her ruling Saturday noted that Trump's posts presented a problem for the government. “They indicate that the Washington National Plan is final and that NPS will close the Park to implement it,” she wrote. “Both points favor granting Plaintiffs’ motion for another temporary restraining order.”
Reyes said her order “ENJOINS the government from closing East Potomac Park and the East Potomac Golf Course during the daily hours in which they were open as of November 14, 2026. It does not order the Government to undertake any active management of either. Further, for the avoidance of any doubt, the Government remains free, as it has since the onset of this litigation, to conduct repairs on any part of the Park and Course with any notice required by the existing Preliminary Injunction.”
The judge said the order is in effect “through November 28, 2026, or further order from the Court, whichever comes first.”
The Justice Department said in a statement Saturday that the judge acknowledged that the National Park Service can limit access to its facilities where the public is at risk of harm. “Nothing in the Court’s order precludes planning for the development of a world class golf course to continue,” it said. "The Department of Justice will always vociferously defend the Trump Administration’s agenda in court.”
Catherine Carroll, a senior legal adviser at Democracy Forward, which is representing the plaintiffs, praised the ruling. “We are grateful that once again, a court has intervened to prevent irreparable harm caused by the Trump-Vance administration’s pursuit of another one of the president’s vanity projects,” she said. “The administration’s inexplicable drive to destroy East Potomac Park would have taken away a treasured park that could never be replaced."
The park’s redevelopment is one of multiple projects in the nation's capital that Trump has championed to remake the city. They include a large memorial arch, a White House ballroom and the John F. Kennedy Center for the Performing Arts, among others.
Reyes had signaled throughout a five-hour court hearing Friday that she was likely to issue some stoppage for the park closure. The only issue was how expansive it might be. Justice Department lawyer Adam Gustafson argued that the entire East Potomac Park, which includes three golf courses, a miniature course, bike riding lanes and other recreational areas, was being closed because of safety factors. He also noted that the lease between the government and the current operator, National Links Trust, was ending Sunday.
Reyes pointed out that safety had not been part of the discussion over the closure for months and that ending the lease felt more like an action that provided a premise for the closure rather than an action that led to the closure of the course about 2 miles from the White House.
Even before the order, Trump lashed out in a social media post Saturday, contending that Reyes “doesn’t want us to quickly and inexpensively fix up the Course which is, also, very dangerous.” He said people who live in the Washington area would get a 50% discount on “any and all Rates charged” and that the redevelopment would “evolve into something very special, something which the Judge will be able to take great pride in seeing!”
Reyes’ order was the latest in a series of rulings in lawsuits challenging Trump’s projects that were issued just hours before construction was expected to begin. A different judge recently ordered a 14-day delay on work for the arch, a decision that came shortly after a key planning commission stacked with Trump appointees approved plans for the project.
Reyes, who was nominated to the court by Democratic President Joe Biden, had for months been reticent about approving the plaintiffs’ requests for work stoppages. The plaintiffs had argued the administration was moving ahead with work related to the project despite the pending lawsuit.
Her reluctance to issue orders ended in October, spurred in part by a tree-cutting spree by the administration over a holiday weekend with little notification to the judge or plaintiffs.
Officials and government lawyers said the tree work was part of a 2019 plan that recommended the cutting. In response, the judge confronted the administration over what she portrayed as deceitful actions over its intentions for the project.
Reyes has repeatedly expressed frustration over the minute planning details she has been asked to adjudicate, including over the trees being cut down at the 106-year-old park. The Justice Department filed a request that Reyes be removed from the case because of what it called her “egregious behavior” and questioned her impartiality. Reyes has not recused herself.
The restraining order was one of two issues Reyes took up during Friday's hearing.
She announced plans last week to name Jessie Liu, a former U.S. attorney for the District of Columbia, to examine whether officials with the Interior Department and the National Park Service and attorneys with the Justice Department had violated ethics or misled her during the course of the case.
Associated Press writer Eric Tucker contributed to this report.
Temporary fencing is seen at East Potomac Park, Saturday, Nov. 14, 2026, in Washington. (AP Photo/Tom Brenner)
Temporary fencing is seen at East Potomac Park, Saturday, Nov. 14, 2026, in Washington. (AP Photo/Tom Brenner)
Golfers play near temporary fencing at East Potomac Park Golf Links, Saturday, Nov. 14, 2026, in Washington. (AP Photo/Tom Brenner)
Temporary fencing is seen at East Potomac Park, Saturday, Nov. 14, 2026, in Washington. (AP Photo/Tom Brenner)
